Publicis Groupe SA (OTCMKTS:PUBGY) Short Interest Update

Key Points

• Publicis Groupe SA experienced a 345.2% increase in short interest during August, rising from 4,200 shares to 18,700 shares.
• The company announced a dividend increase to $0.8222 per share, significantly higher than the previous dividend of $0.06, yielding 302.0%.
• During trading, PUBGY stock rose by 0.9% to reach $24.39, with a notable trading volume of 925,457 shares exchanged.

Publicis Groupe SA (OTCMKTS:PUBGY - ) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 18,700 shares, an increase of 345.2% from the August 15th total of 4,200 shares. Based on an average daily trading volume, of 293,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 293,300 shares, the days-to-cover ratio is presently 0.1 days.

Publicis Groupe Trading Up 0.9%

Shares of PUBGY stock traded up $0.21 during trading hours on Friday, reaching $24.39. 925,457 shares of the company's stock were exchanged, compared to its average volume of 181,153. Publicis Groupe has a fifty-two week low of $20.71 and a fifty-two week high of $28.73. The business has a fifty day moving average price of $23.91 and a 200-day moving average price of $25.05. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 0.17.

Publicis Groupe Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 1st. Stockholders of record on Tuesday, July 1st were given a dividend of $0.8222 per share. This is a boost from Publicis Groupe's previous dividend of $0.06. This represents a dividend yield of 302.0%. The ex-dividend date was Monday, June 30th.

About Publicis Groupe

Publicis Groupe SA provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East. The company offers advisory services for brand strategy, and repositioning and their identity under the Publicis Worldwide, Saatchi & Saatchi, Leo Burnett, Marcel, Fallon, and BBH brands; online advertising services under the Razorfish and Moxie brand names; crisis communications, press relations, public affairs, institutional relations, financial communications, and strategy management services; media consulting, planning, and buying services; performance marketing services; and e-commerce services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.